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ThanksThanks Hoover!Hoover! OkiesOkies OzOz Flying Flying MonkeysMonkeys

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2020 2020 2020 2020 2020

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Question 1 - 10Question 1 - 10

Stock prices first began to crash in late Stock prices first began to crash in late 1929 because?1929 because?

Answer 1 – 10 Answer 1 – 10

Experienced speculators began to Experienced speculators began to sell/dump their stockssell/dump their stocks

Question 1 - 20Question 1 - 20

In the 1920’s, the Federal Reserve In the 1920’s, the Federal Reserve contributed to weakness in the stock contributed to weakness in the stock

market by?market by?

Answer 1 – 20 Answer 1 – 20

Keeping interest rates low, encouraging Keeping interest rates low, encouraging increased speculation loansincreased speculation loans

Question 1 - 30Question 1 - 30

Farmers on the Great Plains began to lose Farmers on the Great Plains began to lose their crops during the Depression their crops during the Depression

because?because?

Answer 1 – 30 Answer 1 – 30

A terrible drought dried the soilA terrible drought dried the soil

Question 1 - 40Question 1 - 40

President Hoover hoped that public works President Hoover hoped that public works projects and agreements with industrial projects and agreements with industrial

and labor leaders would provide?and labor leaders would provide?

Answer 1 – 40 Answer 1 – 40

Jobs to unemployed Americans and keep Jobs to unemployed Americans and keep more jobs from being lostmore jobs from being lost

Question 1 - 50Question 1 - 50

If a bank collapsed before the Great If a bank collapsed before the Great Depression, what effect would it have on Depression, what effect would it have on

the depositors? the depositors?

Answer 1 – 50 Answer 1 – 50

Their money would be lostTheir money would be lost

Question 2 - 10Question 2 - 10

President Hoover is often said to have President Hoover is often said to have been slow to react to the Great been slow to react to the Great

Depression because of his belief in “ Depression because of his belief in “ Rugged Individualism” which meant?Rugged Individualism” which meant?

Answer 2 – 10 Answer 2 – 10

He felt that Americans working to improve He felt that Americans working to improve their own lives had led to America’s their own lives had led to America’s

greatness and success, and would solve greatness and success, and would solve this new challenge as well.this new challenge as well.

Question 2 - 20Question 2 - 20

Thousands of World War I veterans came Thousands of World War I veterans came to Washington in 1932 to lobby Congress to Washington in 1932 to lobby Congress

to?to?

Answer 2 – 20 Answer 2 – 20

Pass legislation giving veterans their Pass legislation giving veterans their promised $1,000 bonus earlypromised $1,000 bonus early

Question 2 - 30Question 2 - 30

A major contribution to Herbert Hoover’s A major contribution to Herbert Hoover’s landslide victory in the 1928 Presidential landslide victory in the 1928 Presidential

election was?election was?

Answer 2 – 30 Answer 2 – 30

The prosperity of the 1920’sThe prosperity of the 1920’s

Question 2 - 40Question 2 - 40

The stock market crash weakened the The stock market crash weakened the nation’s banks because?nation’s banks because?

Answer 2 – 40 Answer 2 – 40

Banks had given many loans to Banks had given many loans to speculators and used their deposits to speculators and used their deposits to

speculate themselvesspeculate themselves

Question 2 - 50Question 2 - 50

In search of work or a better life during the In search of work or a better life during the Depression, many unemployed people did Depression, many unemployed people did

what?what?

Answer 2 – 50 Answer 2 – 50

Rode the rails as hoboesRode the rails as hoboes

Question 3 - 10Question 3 - 10

The original purpose of the Reconstruction The original purpose of the Reconstruction finance Corporation was to?finance Corporation was to?

Answer 3 – 10 Answer 3 – 10

Make loans to businessesMake loans to businesses

Question 3 - 20Question 3 - 20

Newly homeless people put up Newly homeless people put up communities of shacks that they called?communities of shacks that they called?

Answer 3 – 20 Answer 3 – 20

HoovervillesHoovervilles

Question 3 - 30Question 3 - 30

A long period of rising stock prices is A long period of rising stock prices is

known as a?known as a?

Answer 3 – 30 Answer 3 – 30

Bull marketBull market

Question 3 - 40Question 3 - 40

The Hawley-Smoot Tariff hurt business for The Hawley-Smoot Tariff hurt business for whom?whom?

Answer 3 – 40 Answer 3 – 40

Both American and Foreign countriesBoth American and Foreign countries

Question 3 - 50Question 3 - 50

Buying on margin was a method of buying Buying on margin was a method of buying stocks with?stocks with?

Answer 3 – 50 Answer 3 – 50

Mostly borrowed moneyMostly borrowed money

Question 4 - 10Question 4 - 10

What natural and human factors caused What natural and human factors caused the Dust Bowl?the Dust Bowl?

Answer 4 – 10 Answer 4 – 10

Question 4 - 20Question 4 - 20

Elected to the Presidency in 1932, he Elected to the Presidency in 1932, he took America through the Depression and took America through the Depression and

also World War II? also World War II?

Answer 4 – 20 Answer 4 – 20

Franklin D. RooseveltFranklin D. Roosevelt

Question 4 - 30Question 4 - 30

The “ Bonus Marchers” were?The “ Bonus Marchers” were?

Answer 4 – 30 Answer 4 – 30

World War I veterans seeking early World War I veterans seeking early payment of promised bonusespayment of promised bonuses

Question 4 - 40Question 4 - 40

FDR’s plan for ending the Great FDR’s plan for ending the Great Depression through massive deficit Depression through massive deficit spending programs was called the?spending programs was called the?

Answer 4 – 40 Answer 4 – 40

New DealNew Deal

Question 4 - 50Question 4 - 50

This Depression era program/agency This Depression era program/agency employed young men ages 18-25 to work employed young men ages 18-25 to work for the forestry and parks service for $30 a for the forestry and parks service for $30 a

month?month?

Answer 4 – 50 Answer 4 – 50

Civilian Conservation Corps. - CCCCivilian Conservation Corps. - CCC

Question 5 - 10Question 5 - 10

This Depression era program worked to This Depression era program worked to build dams in the south in order to provide build dams in the south in order to provide

cheap electricity, irrigation and jobs to cheap electricity, irrigation and jobs to some of the poorest rural areas in the some of the poorest rural areas in the

country?country?

Answer 5 – 10 Answer 5 – 10

Tennessee Valley Authority - TVATennessee Valley Authority - TVA

Question 5 - 20Question 5 - 20

This Depression era program employed This Depression era program employed millions of workers building roads, bridges, millions of workers building roads, bridges,

schools, hospitals, and even provided schools, hospitals, and even provided funding for public art?funding for public art?

Answer 5 – 20 Answer 5 – 20

Works Progress Administration - WPAWorks Progress Administration - WPA

Question 5 - 30Question 5 - 30

This Depression era program attempted to This Depression era program attempted to control farm production in order to raise control farm production in order to raise

prices, slaughtering pigs, plowing up crops prices, slaughtering pigs, plowing up crops and dumping milk which could have fed and dumping milk which could have fed

the hungry?the hungry?

Answer 5 – 30 Answer 5 – 30

Agricultural Adjustment Agricultural Adjustment

Administration - AAAAdministration - AAA

Question 5 - 40Question 5 - 40

This Depression era agency was created This Depression era agency was created to help restore faith in the banking system, to help restore faith in the banking system, providing a guarantee for the money that providing a guarantee for the money that we put into a bank (It still exists today)?we put into a bank (It still exists today)?

Answer 5 – 40 Answer 5 – 40

Federal Deposit Federal Deposit

Insurance Corporation - FDICInsurance Corporation - FDIC

Question 5 - 50Question 5 - 50

This Depression era agency was created This Depression era agency was created to watch out for corrupt trade practices on to watch out for corrupt trade practices on the stock market such as insider trading?the stock market such as insider trading?

Answer 5 – 50 Answer 5 – 50

Securities and Securities and

Exchange Commission - SECExchange Commission - SEC